Summary of Key Information:
Reporting Period: Quarter Ended 30.06.2026 (Q1 FY27)
Nature of Filing / Announcement: Unaudited Financial Results under Regulation 30 and 33 of SEBI (LODR) Regulations 2015
Audit Opinion:
Unmodified conclusion (clean) on both standalone and consolidated financial results, with emphasis of matter paragraphs.
Key Financial Highlights [₹ lakhs]:
Standalone Results:
Revenue from Operations: ₹839.55 (Q1 FY27) vs ₹217.13 (Q1 FY26) - 286.7% YoY increase
Total Income: ₹1,497.02 (Q1 FY27) vs ₹478.23 (Q1 FY26)
Net Profit: ₹158.47 (Q1 FY27) vs ₹49.97 (Q1 FY26) - 217.1% YoY increase
EPS: ₹0.10 (Q1 FY27) vs ₹0.03 (Q1 FY26)
Other Equity: ₹1,13,221.85 (as of 31.03.2026)
Consolidated Results:
Revenue from Operations (Continuing): ₹1,524.24 (Q1 FY27) vs ₹741.10 (Q1 FY26)
Total Income: ₹1,575.67 (Q1 FY27) vs ₹774.71 (Q1 FY26)
Net Loss from Continuing Operations: ₹(683.56) (Q1 FY27) vs ₹(441.30) (Q1 FY26)
Net Profit from Discontinued Operations: ₹814.04 (Q1 FY27) vs ₹819.56 (Q1 FY26)
Total Net Profit: ₹130.48 (Q1 FY27) vs ₹378.26 (Q1 FY26)
EPS from Continuing Operations: ₹(0.44) (Q1 FY27) vs ₹(0.14) (Q1 FY26)
EPS from Discontinued Operations: ₹0.53 (Q1 FY27) vs ₹0.19 (Q1 FY26)
Total EPS: ₹0.09 (Q1 FY27) vs ₹0.05 (Q1 FY26)
Other Equity: ₹42,586.21 (as of 31.03.2026)
Segment-wise Performance [₹ lakhs]:
Continuing Operations (Outright Sales):
Segment Revenue: ₹1,524.24 (Q1 FY27) vs ₹741.10 (Q1 FY26)
Segment Results: ₹(342.36) loss before tax and interest (Q1 FY27) vs ₹(324.41) (Q1 FY26)
Discontinued Operations (Leasing):
Segment Revenue: ₹3,552.14 (Q1 FY27) vs ₹3,082.42 (Q1 FY26)
Segment Results: ₹1,075.09 profit before tax (Q1 FY27) vs ₹1,110.37 (Q1 FY26)
Corporate Actions:
Dividend: Not specified
Other Significant Information:
Divestment: Board approved sale/divestment of shareholding in subsidiaries Kruti Realtors and Developers Private Limited, Alliance Mall Developers Co. Private Limited, and Empire Mall Private Limited to Inorbit Malls (India) Private Limited or its affiliates.
Share Purchase Agreement signed on April 28, 2026. Shareholders approved via special resolution through postal ballot declared on June 1, 2026.
Compliance with conditions precedent to transaction completion is in progress.
Mall operations of Alliance Mall and Empire Mall classified as discontinued operations as of June 30, 2026.
NOC Issue: Subsidiary Hagwood Commercial Developers contesting cancellation and seeking revalidation of NOC from Airport Authority of India, Nagpur for maximum permissible height of four towers at residential project in Nagpur.
Carrying value of inventory for 12th-14th floors of four towers aggregating ₹6,818.25 lakhs not adjusted. No provision made for expected demolition cost, rehabilitation cost, and interest payable to customers.
Contempt petition filed against Secretary, Ministry of Civil Aviation, Chairman AAI and others on July 29, 2026 for non-compliance with court orders.
Entities in Consolidation:
Includes 12 subsidiaries and 1 jointly controlled entity: Empire Mall Private Limited, Hagwood Commercial Developers Private Limited, Prozone Intu Developers Private Limited, Kruti Multitrade Private Limited, Prozone Liberty International Limited (Singapore), Omni Infrastructure Private Limited, Prozone Developers and Realtors Private Limited, Prozone Dream Realtors Private Limited, Prozone Horizon Private Limited, Prozone Arcade Private Limited, Calendula Commerce Private Limited (Joint Venture)